Shakan Global Mission Inc

Analysis

Shakan Global Mission Inc is a registered charity in United States, based in Berlin, CT. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shakan Global Mission Inc reported income of $90k and spending of $98k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $90k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shakan Global Mission Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Friends of the Jewish Community of Tucuman Inc ($90k), Vision Soldotna Inc ($90k) and 107th Psalm Christian Family Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $19k, net assets of -$7,801.